Bitcoin price is attempting a recovery wave above $110,000. BTC is now rising and might gain pace if it clears the $112,000 resistance level. Bitcoin started a recovery wave above the $110,000 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support
The world of digital finance is buzzing with a significant development: corporate Bitcoin holdings are on the cusp of reaching an astonishing one million Bitcoins. This remarkable accumulation by major companies globally signals a profound shift in how traditional finance views and integrates digital assets. It’s a clear indicator that Bitcoin is no longer just
Get ready for a fascinating shift in the world of finance! Hong Kong’s financial technology firm, Fosun Wealth Holdings, has just made a groundbreaking move. They’ve successfully tokenized an impressive $328 million worth of shares in the Israeli healthcare company, Sisram Medical. This bold step into asset tokenization isn’t just a minor update; it’s a
Bitcoin’s (BTC) slide into September comes with an uncomfortable reminder for traders that history is not on their side. The largest token by market capitalization has declined in nine of the last 14 September months, with an average monthly loss of around 12%. This seasonality looms large again in 2025. Bitcoin opened the week near
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Only around 9% of the Bitcoin supply is currently in the red, carrying up to 10% unrealized losses, according to Glassnode. Comparatively, the local bottom of this cycle saw more than 25% of supply at up to 23% losses, the analysts noted. BTC fell to around $75,000 on April 9 in a correction that took
Crypto.com CEO Kris Marszalek is confident that digital assets will be boosted in the fourth quarter of the year, primarily driven by the US central bank reducing interest rates. Marszalek said in an interview with Bloomberg on Tuesday that Crypto.com revenue is likely to be better this year, “especially if we see a Fed rate
Derivatives traders are expecting a slightly more optimistic outlook for Bitcoin in September despite macroeconomic uncertainty and seasonality odds, with experts indicating muted downside volatility. In response, Bitcoin has bounced 3% over the last two days, showing a slight bullish skew and currently trades around $110,000, CoinGecko data shows. The uptick, however, occurs amid flat
India’s massive Web3 ecosystem remains paralyzed by bureaucratic turf wars that industry leaders warn are costing the nation trillions, while Asian neighbors race ahead with clear stablecoin frameworks as the U.S. guides financial institutions through landmark legislation. “None of them,” Aishwary Gupta, Global Head of Payments & RWAs at Polygon Labs, told Decrypt, when asked
Documentaries have so far failed to identify Bitcoin’s pseudonymous creator, Satoshi Nakamoto, convincingly. Now, an upcoming feature film from notable Hollywood creatives aims to put a dramatic spin on the crypto’s creation and impact. Hollywood is turning its lens towards crypto with “Killing Satoshi,” a conspiracy thriller that will explore the secret identity of Satoshi Nakamoto. Director Doug Liman,